$819,000

Estimated payment $5,200/month

Total Views 183
-- Bed
-- Bath
2,805 Sq Ft
$292 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • 2-minute walk to Buena Vista Park

About This Home

Investor & Developer Multi-Family Alert! Ddon’t miss this opportunity - a comparable property on the same street just sold for significantly more. Fully rented duplex with two additional units producing over $7,200/month plus $150/month from coin laundry. Zoned T4-R on a 7,200 SF lot in a NO FLOOD ZONE, offering strong cash flow, stabilized tenants, and future redevelopment potential. Features a 3-bed/1-bath main house with new central A/C and three 1/1 units. Two-year-old roof. Minutes from Design District, Wynwood, Midtown, and Brickell in a rapidly developing corridor where —don’t miss this opportunity. Do not disturb tenants. Gated property; showings by appointment only.

Listing Agent

David Nguah

Douglas Elliman License #0672492 Listed on: 01/08/2026

Douglas Elliman

Co-Listing Agent

Omar Garban

Douglas Elliman License #3046524

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,365

Year Built

  • Built in 1930

Lot Details

  • Property is zoned 3900

Parking

  • 2 Parking Spaces

Home Design

  • Shingle Roof

Interior Spaces

  • 2,805 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes electricity, sewer, trash collection
  • Assessor Parcel Number 01-31-24-013-0460

Community Details

Overview

  • No Home Owners Association
  • Railway Shops Addn 2Nd Am Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,365

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1930
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Directions: GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RAILWAY SHOPS ADDN 2ND AM
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 819000
  • InternetRemarks: Investor & Developer Multi-Family Alert! Ddon’t miss this opportunity - a comparable property on the same street just sold for significantly more.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RAILWAY SHOPS ADDN 2ND AM
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-24-013-0460
  • Zoning: 3900

Rental Info

  • Rent Includes: Electricity, Sewer, Trash Collection

Multi Family

  • Net Operating Income: 54612
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 33588
  • Total Actual Rent: 88200

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11365

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,809 $467,496 -- --
2024 $9,550 $424,997 -- --
2023 $9,550 $386,361 $0 $0
2022 $8,274 $335,992 $0 $0
2021 $7,630 $305,448 $216,000 $89,448
2020 $5,792 $265,612 $0 $0
2019 $5,504 $249,079 $0 $0
2018 $5,149 $233,364 $144,000 $89,364
2017 $5,202 $233,480 $0 $0
2016 $4,981 $175,995 $0 $0
2015 $2,644 $109,580 $0 $0
2014 $2,624 $102,840 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2026 01/08/26 For Sale $819,000 +124.4% $292 / Sq Ft
03/20/2020 03/20/20 Sold $365,000 -1.4% $159 / Sq Ft View Prior Sale
02/19/2020 02/19/20 Pending -- -- --
10/08/2019 10/08/19 For Sale $370,000 -- $161 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Absolute Title Services Llc
Warranty Deed $365,000 Absolute Title Services Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 Commercial
Previous Owner $292,000 Construction
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11940429

MIAMI REALTORS® MLS

APN: 01-3124-013-0460